Who Has the Most Accessible Attitude

question 159

Multiple Choice

Who has the most accessible attitude?

• A) Zoe, who has to think for a while about whether she favors the death penalty or not
• B) Shawna, who doesn't care one way or the other about the death penalty
• C) Diti, who has very extreme views about abortion
• D) Lira, who can tell you right away her opinion on abortion

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Definitions:

External Benefit

A positive effect or advantage that results from a product or service's use, affecting individuals or entities who are not directly involved in the transaction.

Positive Externality

A beneficial effect experienced by a third party or the society as a whole, resulting from an economic transaction.

Market

The environment in which buyers and sellers interact to exchange goods, services, and information, setting prices through supply and demand.

Socially Optimal Quantity

Socially Optimal Quantity is the level of production or consumption of a good or service that results in the maximum possible economic efficiency and welfare, taking into account all social costs and benefits.